| A number of Asian sovereign wealth funds continue to build ties to Silicon Valley, the hotbed for technology innovation and the rest of the San Francisco Bay Area. In a trailblazing signal, Malaysia’s Khazanah Nasional chose to open its U.S. office in San Francisco, not in New York City. Singapore’s GIC Private Limited also has an office in San Francisco and has invested in numerous investment funds and properties in the Bay Area.
Whether it’s Singapore’s Temasek Holdings investing in a Series round for a startup or allocating convertible debt to firms like Emeryville-based Amyris Biotechnologies, Inc., sovereign wealth capital continues to target opportunities rooted in the bay area...............................................Full Article: Source
|